Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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You would have to pay closing costs, but atm penfed 30 year is 2.875% no points
https://www.penfed.org/mortgage-center/mortgages/30-year-fixed-conforming-mortgage
2.875%
0.000
2.894%*
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Is that Condo, an investment property?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
My current payment P&I is 1269 so would need get to be 1K to make it worthwhile at all.
right now principal is $546 and interest us $723.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
HIGHLY recommend you find a good mortgage broker to do the work for you. They'll find you a better rate than you can find on your own...and save you a lot of work searching through all the banks for...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Thanks, learning a lot.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Anyone use loanlock.com ?
I am offered 2.875% for 30-year refinancing.
Lender Fee: $1,295
Title/Escrow: $1,350
Appraisal : $530 (Need to pay now)
with Discount: $966.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
I've always had to pay appraisal up front and in my experience it's around $300-$400.
Also the best rates I see locally are CU's but you have to watch the terms. For example one local CU is...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
I thought you could request it once per year for free?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
No, primary residence. But I recently moved for a job and split my time so if it doesn't qualify, then it will be considered a secondary residence.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
That’s still pretty good, who is it with?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
What bank would you guys recommend to do a refinance with?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
what was the term length? Points?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Thanks. You are right, may need to pay the closing cost upfront. Was surprised that they need appraisal fee paid in the beginning.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
This link (once year free) provides you with your FICO sores from all 3 Credit Bureaus.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
WSFS currently is offering 3.15 for a 30yr, 0 points. This being a local bank in DE, YMMV.
Good Luck
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Same here, and that's basically what I got 4 years ago but with negative points. Crazy that I can't beat now what I got 4 years ago. Best is a local CU that it offering 2.875 right now but for 8...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
A local Prosperity Mortgage affiliate
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Locked in the beginning of April, Origination fees were $1467 total closing costs were were 3024
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Are rates going to go down again as refinancing demand eases?
For a condo, how is 3.625% for 30 year fixed with no points/no credits?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Now getting quoted 2.875 no points no origination fee on 30 yr conventional. You could probably do better, unfortunately we locked ourselves into this broker without shopping the rate as much as we...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
It's very likely that they refinanced when rates dropped and forgot to mention that. If they insist they got those rates, then you might want to ask them how.
Click Here:...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
I recently closed my primary residence refi on a 2.75% Interest Rate / 2.799% APR 30-year fixed with 0.54% in discount points. Locked on 4/29 and signed the docs on 5/19. I was even able to get an...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
What credit union?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
So do you either intend on repaying before the ARM resets or refinancing to a fixed? Are you gambling that rates won't go up before RESET or ....?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Nice I'm jealous sounds like hell of a deal
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Investors not buying mortgage bonds. They lose when refinance occurs. 10 yr ate higher than MBS. Lenders reached their limits. Hence increase in rates. Does not make sense, but that's reality. In...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
I knew Chase price-matched as even when I took out the original loan I had got them to match the cheapest rate I'd found on bankrate.com.
I called Chase and asked for a Refi. When they came back...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Also I see refi rates are quite a bit higher than first mortgages. I was excited seeing ~ 2.6x from PFCU until I realized that was a first mortgage rate. Refi's were still 3+
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Man some of these rates are crazy. I paid 3.25 @ 30 year va with usaa a few years back, but I didn’t pay crap in points or fees, my mortgage apr ended up at 3.31
But I am reading like 2.8’s from...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
First time mortgage shopper... i can run NPV calculations and figure out whats "better" but no one typically holds a mortgage for 30 years so some of those front loaded costs and fees are more penal...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
That's about right. They have so much demand there's no reason to compete over price (fees and APR). Didn't take them long to respond collectively. I, for one, thought that it might take a bit...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
I always run the numbers comparing rate changes and extra payments - e.g. go with a shorter term lower rate but higher *required* payments OR go with a longer term = lower *required* payments, likely...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
18,363 Views
I refi'ed 30yr at 3.375 with lender credits fully covering closing and other costs. If I waited a week later, I could've gotten 3.25 with same lender credits. A week later, the rates spiked up as...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Do we see the rates falling in the mortagage market now?
https://www.cnbc.com/2020/03/15/coronavirus-mortgage-rates-will-fall-again-after-latest-fed-cut.html
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
>.>
and what if the housing market crashes?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Odd I am finding 10's at higher rate than 15's refi, and the rates offered for either aren't worth the hassle to refi for me - current 15 yr 3.25% with 11 yrs left. I figure if I can find a 10 at a...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
Closing tomorrow with WinTrust in Chicago burbs with 2.875% no points
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
18,363 Views
More likely I will get out of this home and move to smaller home in 1-3 years.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
18,363 Views
I have a 3.25% 15 yr that I got 4 years ago (thus 11 years left) that I would love to refi into a 10 but only if I can get the rate low enough it would be worthwhile for me to deal with the hassle. ...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
18,363 Views
I have 15 years left on mine and I was looking to change to a 15 since i really cannot deduct my interest anymore but found that going with a 30 and making an extra payment was actually better.
...
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